The two companies have been working together since 2016. Forecast Solutions’ Barcelona headquarters will now become the foundation of RELEX’s 11th international office.

The retail planning and space optimisation company is thus poised to offer Spanish retailers a range of forecasting, replenishment, space and assortment solutions. These help them raise levels of customer service while cutting inventory and waste.

“Our goals, ethos, and commitment to retail planning excellence are identical,” saysAnna van Ginkel, co-founder and CEO at Forecast Solutions. “Spanish retail needs what RELEX has to offer and by combining our market knowledge with RELEX’s technology and resources we have a great opportunity to give retailers here the same advantages enjoyed by their peers from San Francisco to Hong Kong.”

Forecast Solutions also has an established customer base in the Latin American market, with the region now on the radar for RELEX’s future plans.